British Columbia · Receivership (court-appointed)
Notice of Application to Discharge Receiver (Jun 6, 2024)
Application / notice of application · 6 June 2024
A plain-language read of this filing opens with a subscription.
What we verified from this filing1 verified
- recovery outcomeentries: basis: estimated · quote: The net proceeds are proposed to be paid to BDC and RBC, both of which will suffer a shortfall on their security. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: BDC · creditor name: BDC · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: The net proceeds are proposed to be paid to BDC and RBC, both of which will suffer a shortfall on their security. · pct of: unstated · outcome: shortfall · class key: secured · stated by: receiver · class label: RBC · creditor name: RBC · interim final: unstated · claims qualifier: unstated; basis: estimated · quote: As both RBC and BDC will suffer significant shortfalls on their respective claims, there is no recovery for unsecured creditors. · pct of: unstated · outcome: nil · class key: unsecured · stated by: receiver · class label: unsecured creditors · interim final: unstated · claims qualifier: unstated · table missing: